What happens if I forget to square off Nifty Futures on Expiry?

F&O
1

I do understand that for stocks, we have to take delivery if we forget to square off our Futures positions upon expiry. But what happens with Nifty futures?

2

It will be cash settled by the exchange and broker will release the blocked margin.

3

@nithin is this true? If yes then Is this apply for options too?

4

Yes, but it is not applicable for all stocks yet. Check this

5

@nithin But what happens in case of Nifty Futures?

6

NIFTY FUT & OPTION are autosqoff on expiry no Physical delivery on INDEX DERIVATIVES. :slight_smile: